埃德蒙顿华人社区-Edmonton China

 找回密码
 注册
查看: 2838|回复: 0

[其他] Interesting article about Oil

[复制链接]
鲜花(0) 鸡蛋(0)
发表于 2009-1-13 18:58 | 显示全部楼层 |阅读模式
老杨团队,追求完美;客户至上,服务到位!
--------------------------------------------------------------------------------
0 W5 G1 @$ U8 {5 pBelow is an Interesting article I found, which says that.....Do not
# _2 V$ k) c# k7 J+ \expect much from Crude Oil producers and future is not with the ! m: u& j8 U+ F" s' e
companies producing Jet fuels but Biofuels. Also no wonder if some of - C, K3 O5 i+ ?  M
these oil producer will go bankrupt or out of the business even if / k0 t' u  w$ F- l1 ?  E8 \7 S1 W8 t
crude prices improves. This implies also to good names such as Shell, : o  |$ T4 u  j$ @' N
EXXON, BG, BP, Cheveron ....xyz.. oils
: M5 V4 [3 x6 q* Z. `, d1 M' @) n  e  ^3 K8 s
Recently OPEC reduced crude oil production twice over just a few
6 H6 d" K9 H. L# C; V6 u3 Jmonths. There are three wars going on in Gaza, Iraq and Afghandistan.
) ?: B6 ^* {. A2 K4 ZA year ago these things would have spiked the price of crude oil by at
; b0 i# `: o  m4 T( hleast $50.00 per barrel. Today, oil price declined by a record amount.
: Y- ]& B$ E8 I5 T! L* I. H
  e& @4 h3 m  Z/ R
: u' r: Z* n2 W1 |There are several reasons the price of oil is decreasing in the face
: `2 k8 N( r& M% lof so much news. These reasons are: / K! |0 H( X8 ~" D2 ]' s" [

) C# [. t9 N" L  P* u/ i. R0 P) w2 `! i' b' q* k0 @6 F4 S
1. New oil has been found in Canada, Montana, North & South Dakota and ' W  X% y; m. K( I# k/ A% ]- p
in the ocean near Brazil. Each of these oil fields has more oil than
- P/ a3 ?0 w( L/ A* S, VArabia. 9 l# ]5 P4 i8 {5 f4 a5 \

1 A0 T, @4 L( p# D, V9 a2 D6 v3 b/ i( n
2. New natural gas has been found in Pennsylvania and West Virginia.
& H% w1 y( p' e: P. |* W; UThis is the largest find in North America.
2 w6 v8 v& v, v) `4 t# c
/ E% }  Q7 N. p8 k6 c! G  Z
. B+ f! E4 W6 C$ H5 V: j3. New methods of injecting CO2 and surfactants into oil wells is
" M" k* A. \# e0 D9 P! ?8 |4 f/ {being used to double their output. : O9 o6 Q* P9 L& h) A6 R

  z! a9 V5 v1 A4 T
2 A( U% v+ l$ Q5 p4. Production of bio-fuels is beginning to reach critical mass. Bio - O6 T+ N2 Y/ O, T. z
fuel is being produced from many plants and algae. The production . f, _$ B# Y8 |' P: \
potential per acre in some cases is astounding. Many countries are
7 T+ e  [- x) D8 \racing to produce bio fuels.
. J2 m% Z0 w% T. U% w3 d7 S% h5 `( G$ n
! \  H; m+ C$ @* y# z9 u
5. Virtually every restaurant in the US and all food processing plants
3 E' H2 d+ w9 Z0 [are now selling their used oil to bio-diesel producers. Every pork,
3 c: q* Z# m' I" R% |cattle, turkey and chicken processing plant will soon sell their fat / M# a2 |( E- |$ l9 L! v
to bio-diesel producers. One pork processing plant in Oklahoma is
$ Y$ u: }7 G; \/ O+ L8 tproducing 30,000 gallons of bio-diesel per day from pork fat.
; @6 _' n1 m, x# x1 o# G
) Z* ?# g- A7 `8 b/ S- k( F) u- q* e/ J& P5 o0 `' `
6. There are 99 nuclear reactors in various stages of planning and ( p4 @. c( D& E
construction around the world at this time. Several hundred more are 6 ~7 F' y+ b$ V+ l2 d% j3 h! s
expected to be built in the future. Much of the energy they produce
: j3 m( q* g: u% X+ p& `* [1 Owill replace oil.
7 j0 [1 j# T7 L9 u5 {8 u, ~9 K$ k. V0 c% x# i( j; g" w+ g

  T2 W  ?" `$ x( y) z7. Every company in any form of transportaion business is replacing " T2 ^5 _4 T4 G3 ?/ W, r1 f
older equipment such as trucks, airplanes, train engines, ships, etc.
0 ^% Q1 I: _# K7 [1 p4 G! Iwith new more fuel efficient equipment. Airlines and railway companies , I. x$ q" ^$ c* ~3 V
are experiencing 20% to 25% better fuel econony with the new
- C# R6 c; _$ t; |equipment.
  M, `# I' c! _- G/ n
6 O/ V" l% ^( j6 T+ H7 B3 s& g
- Q, C5 ^. K" Y8 N" v  R4 yAirlines are flying airplanes with bio-fuel. They are finding the bio- 7 y& ^1 Y# D; X% W/ c
fuel is cleaner and performs better than jet fuel.
# l' e0 m# B% C& |% x# J7 r1 h* M9 G! B! X( V' x! ~! _

0 v4 l, g5 z2 s" o9 ?  \8. Cities and counties throughout the US are selling the rights to 4 e9 ?$ p4 u! z
capture methane gas from landfills. This is a huge source of gas : ?8 y! H$ X# H# J+ c6 @7 }
available at very little cost or risk. The gas is displacing crude ( B- O" @& X2 C- x& Y
oil.
7 P5 E4 x* `6 {) X# t
) t3 ~. `# F$ ~- L/ [; m) A1 g, H- }
9. Coal is being transformed into a clean burning liquid fuel. The CO2 : L" u+ D. p1 h* Q% F3 q( n
produced as a byproduct is sold to oil companies for injection into
3 T4 Y6 y" h- g- D+ s* Goil wells.
& N  `3 @! h( q; M4 |
; L% Q* b# d( _, `7 G7 g6 n" o1 ?
10. Solar, wind and ocean energy is displacing oil as an energy
" y; n2 E( p$ o4 L6 z; Zsource. Three new wind turbines are being erected every day in the US. 7 Z& K5 k; q# D5 d( o% p

7 h0 a, h- }/ n: {& z4 e+ d1 T. b" S+ f2 k$ B7 P. G% g, l$ V7 h
Each of the above by itself will not make a large difference in the 6 z- F: V; r1 P% U3 g. v& Z
price of crude oil but the sum of all of them together is world 4 t' S) w4 l- }/ Y
changing. The important thing is that OPEC no longer has the ability & r9 o3 d+ Z0 X3 [0 E! E
to control oil prices. / _3 p3 \" l' N3 e% H& p; O% O
9 Y! U" ~+ d- @$ G$ \$ o& l) B
5 p; u+ H/ M7 a  f* h
With the above scenario, I still believe that there are under ! V1 {- n$ T1 o9 ~  y4 k2 @$ E6 _
performed OIL companies and probably they are yet to get the justified $ a, E; u7 b6 D0 C# A+ \
value .....
1 D; I6 N. _! r2 V- {% xIAE- Ithaca , EPL Energy Partners Ltd, Opti etc ...
; |- d; Y. B2 x7 z& Y: Z
6 ]7 p# K: M) D7 P7 }  G' a  n
9 C$ ]) v7 B  i, r: dThe above articles are from WSJ .............PUBLISHED ON 9TH JAN
# W; C9 ?) ^& M6 F7 N2 v- f2009 ... FYI-Only
您需要登录后才可以回帖 登录 | 注册

本版积分规则

联系我们|小黑屋|手机版|Archiver|埃德蒙顿中文网

GMT-7, 2026-8-16 18:48 , Processed in 0.520737 second(s), 10 queries , Gzip On, APC On.

Powered by Discuz! X3.4

Copyright © 2001-2021, Tencent Cloud.

快速回复 返回顶部 返回列表